2024 was a great year for investors, with lots of ups and downs. Crypto investors, stock traders, and gold lovers ended the year with a big smile on their faces. The first part of the year was a bit volatile and full of ambiguities, with some hopium and depression together. Still, the second half was clearer because of the U.S. presidential election and the positionings accordingly.
As crypto investors, the situation was rather complex for many of us. Until March 2024, we experienced a mini bull -run for altcoins and the markets expected a lot of interest rate cuts by the FED. Yet, the reality was far from the dreams and the inevitable drop in the prices came true after mid-March.
Fortunately for the crypto investors, a president who is known for being crypto friendly was chosen as a result of the election. Though many investors cannot firmly believe that all the promises for crypto may not come true, it is still better for the markets considering the other side's promises for our ecosystem.
We have learned many lessons as investors, too. The rise of Gold, the magnificent performance of AI projects, and NVIDIA were some of the things we need to have an eye on in the new paradigm. It was an indicator that the earnings from crypto may need to be realized to buy some other assets to lower the level of average risk of our portfolio!
On the other hand, Micro Strategy made something exclusive by constantly purchasing Bitcoin by selling their shares. The most important achievement of Michael Saylor might be hitting the QQQ list to test ATH in Bitcoin. Now, a NASDAQ index investor inevitably help some parties buy Bitcoin with their money. The QQQ listing is one of the most bullish things that can happen to our ecosystem.
Bitcoin found a place in the world economy and it has some more way to go. We may not be capable of guessing the ATH level to hit in 2025 but there is a consensus on $200K+ to be tested by several investors. Even if Bitcoin stays around $100K by securing the bullish sentiment for altcoins, many crypto investors can easily see their altcoins form higher highs with the hopium!
Ethereum will lead the altseason! Waiting for the time when the ETFs grow in volume and attention is directed to Ethereum and potential RWA projects launched on the mainnet.
How was 2024 for your investments? What lessons have you taken?
Please share your experience with us below 👇
Hive On ✌️
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